Platinum Will Benefit From Supply Problems

Kitco reported a recent Deutsche Bank study found platinum prices will be boosted in the coming months dovetailing supply issues in South Africa.

As quoted in the market news:

 Nymex July platinum early Friday hit a high of $1,498.90 an ounce, its strongest level in more than a month. There have been news reports this week of more potential labor issues in South Africa, as well as some mining companies scaling back production plans due to a fall in prices in recent months.

Click here to read the full Kitco report.